Microsoft recently announced a restructuring of its OneDrive offering that will more than double usersí base storage allowance as the software giant reacts to recent price cuts from rivals Apple and Google. Users will now be starting with 15 GB of storage, up from 7 GB, by default, a quota that Microsoft says should be enough for 75% of users to meet their storage needs without needing to pay. Jumping to 100 GBs will now cost just $1.99 per month, while 200 GBs moves to a $3.99 monthly subscription from $7.49 and $11.49 respectively.

In a recent blog post announcing the moves, Microsoftís program manager, Omar Shahine, said that the new pricing structure will take effect next month. Existing users will have their recurring charges adjusted automatically. Additionally, users with active subscriptions to the Office 365 service will see their allotment bumped to 1 TB per person.

As traditional computers move to faster, lower-capacity solid state drives and mobile devices play a larger role in computing, cloud storage is seemingly becoming another battlefront for major software and hardware vendors. Google, for instance, announced similar price cuts for its Google Drive service in March.

The Cupertino California company hasnít been left out in the cold, unveiling iCloud Drive, a new Dropbox-style cloud file locker, at its annual developers conference earlier in the month alongside less costly storage plans for iCloud. 20 GBs of space will now cost users just $11.88 per year from the iPhone maker, with 200 GBs ringing in at $47.88 yearly.

The only company that hasnít responded with cuts is the nominal market leader, Dropbox, which hasnít yet moved from its longstanding $99 and $199 yearly price points that yield 100 GBs and 200 GBs of storage respectively. Dropbox appears to have beaten out the competition in the consumer space in favor of strategy that would have it break rival Box.comís hold in the enterprise.

Will any of you be utilizing Microsoftís OneDrive cloud storage once the change is implemented?